Moneycontrol News Archive

Will mutual funds survive RBI's recent move? 

5th May, 2011 22:43

The Reserve Bank of India (RBI) has asked banks to restrict investments in liquid funds to up to 10% of bank net worth. This will mean that mutual funds will see

Demand for ETFs doubles in 6 months 

5th May, 2011 22:29

The recent global turmoil has sent gold prices to all-time highs and gold exchange traded funds have been riding high. In the past six months alone, demand for gol

Genpact expects 'Headstrong' to grow 20% in long term  

5th May, 2011 21:47

Genpact's first-quarter results surpassed market estimates, helped by a sharp rise in revenue from global clients. The company’s net income came in at USD 36 milli

Further oil price rises a risk for India growth: Pranab

5th May, 2011 21:08

Further rises in oil prices could clip around 1 percentage point off the government's growth forecast of 8.75 to 9.25% for the current fiscal year, Finance Ministe

CWG scam: JC of Bhanot, Verma extended till May 18

5th May, 2011 21:08

A Delhi court today extended till May 18 the judicial custody of two former top officials of the Commonwealth Games Organising Committee who were arrested for thei

Bank of India raises base rate, BPLR by 50 bps each

5th May, 2011 21:08

State-run Bank of India said on Thursday it has raised benchmark prime lending rate by 50 basis points to 14.25% and base rate by a similar quantum to 10%, effecti

I am not an easy target : Kanimozhi

5th May, 2011 21:08

DMK MP Kanimozhi, set to appear before a CBI court tomorrow in connection with the 2G spectrum scam, today said nobody should think she is an "easy target" and ass

Honda and Toyota extend production cuts in Japan 

5th May, 2011 20:26

The tsunami effect continues for Japanese car makers Toyota and Honda. It learnt that Honda has extended the production cut till August and Toyota will take a call

Govt hold fresh round of talks with striking AI pilots

5th May, 2011 19:59

A fresh round of talks was held between Government and striking Air India pilots today to sort out a few sticking issues in a bid to end the 9-day-old stir.

See deals worth $70-80bn in 2011: Grant Thornton 

5th May, 2011 19:40

In an interview with CNBC-TV18, Harish HV, Partner, Grant Thornton says, “We have reached about USD 25 billion of deal value in the last four months. We should hop

Cadila Health Q4 cons PAT seen up 26% to Rs 150 cr

5th May, 2011 19:13

Cadila Healthcare is to announce its fourth quarter results. According to CNBC-TV18's estimates, the company's Q4FY11 consolidated revenues are seen up 23% to Rs 1

Allahabad Bank revises base rate to 10% from 9.50%

5th May, 2011 19:01

Allahabad Bank has revised its base rate upward by 50 basis points i.e 10% from 9.50% with effect from May 06, 2011.

Bank of Baroda revises base rate to 10% from 9.50%

5th May, 2011 18:58

Bank of Baroda has revised its base rate upward by 50 basis points i.e 10% from 9.50% with effect from May 06, 2011.

Reliance Infra buys 13 lakh shrs so far under buyback plan

5th May, 2011 18:56

Reliance Infrastructure Thursday bought-back 2 lakh equity shares taking its tally to 13 lakh shares so far under its on-going buy-back program, the company said i

ASM Tech to consider dividend

5th May, 2011 18:53

ASM Tech has its Board of Directors meeting on May 28, 2011 to consider dividend.